Clearing And Settlement Analyst 0-2 Yrs

Job Title Clearing and Settlement Analyst Location Jaipur Note Specific mandatory skills Agency Lending experience Experience range 0 to 2 years Open to consider fresher candidates Yes No Yes Open to consider relocation non-local candidates Yes No local candidate Project duration 8 months Shift timings candidate should be flexible in all shifts Number of days work from office 3 days Role Description Our purpose as a business is to be dedicated to our clients lasting success and financial security We want to be a bank that creates a positive impact for clients employees investors and society This is made possible by our people As you ll discover our culture supports this - diverse international and shaped by a variety of different perspectives We are driven by a shared sense of purpose At every level agile thinking is nurtured and rewarded with support and provided with opportunities to excel together Agency Service Lending Operations ASL Ops is a process of lending out securities of client London clients and client America clients which is held by the client s custodians as and when instructed However for some clients is the custodian as well for rest we provide the services The ASL client base is comprised of institutional clients pension funds insurance companies central banks etc which hold large long balances of these securities Agency Securities Lending ASL is a portfolio management tool that institutional clients can use to generate an attractive risk-adjusted portfolio return on their fixed income and equity portfolios as well as cash positions Your key responsibilities Monitoring of daily exposure management for equity trades for both underlying clients and counterparts Booking cash collateral in and out from counterparties Monitoring of same day equity trades ensuring settlement releasing instructions for same day trades into the market amending trades as per desk requests processing of crest loans Supervision on the aged equity trades to ensure settlement amending trades as per desk requests performing reconciliations tasks processing of crest returns Monitor all collateral bookings made by Fixed Income and Equity collateral through to settlement Bond settlements only Daily exposure management for equity trades for both underlying clients and counterparts Booking collateral in and out from counterparties Re-allocating between ASL clients Collateral management vs all Triparty Non Cash deals This includes monitoring the settlement of collateral where we have new deals booked on VD pending release Collateral management vs all Bi-Lat deals Cash and NC on a T 1 basis Agreeing re-prices with counterparty and ensuring all ASL clients are fully covered Manage staff on a daily basis distribute work assign responsibilities ensure appropriate staff motivation levels and continuous learning Effectively manage risk and foster an environment where team is fully aware of Operational Risk management Cross train available resources to ensure 100 backup within the areas under control Escalate all issues properly in time to the appropriate level to avoid any adverse impact on the business Your skills and experience Analyst 0-2 years Senior Analyst 3-7 years preferably in Banking Finance Service Industry Agency Securities Lending Domain knowledge of Settlements Payments corporate actions Cash reconciliation Billing Invoice generation Reconciliation Loan servicing would be added advantage Good written verbal communication skills MS Office skills especially MS excel Ability to provide high transaction productivity and high level of attention to detail Flexibility to work in shifts